Hindustan Copper Ltd
Incorporated in the year 1967, Hindustan Copper Limited (HCL) was formed to take over from National Mineral Development Corporation Ltd. It is the first Indian PSU and only vertically integrated copper producing company. HCL is engaged in various processes right from copper mining to the final stage of converting copper into saleable products. [1]
- Market Cap ₹ 49,318 Cr.
- Current Price ₹ 510
- High / Low ₹ 760 / 226
- Stock P/E 49.9
- Book Value ₹ 34.6
- Dividend Yield 0.29 %
- ROCE 42.5 %
- ROE 32.9 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 55.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 30.2%
- Debtor days have improved from 25.0 to 15.8 days.
Cons
- Stock is trading at 14.8 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Metals & Mining Non - Ferrous Metals Copper
Part of BSE 500 BSE PSU Nifty 500 Nifty Smallcap 100 Nifty Metal
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 1,816 | 832 | 1,787 | 1,822 | 1,677 | 1,717 | 2,071 | 3,078 | |
| 1,310 | 1,074 | 1,375 | 1,310 | 1,185 | 1,170 | 1,333 | 1,616 | |
| Operating Profit | 506 | -242 | 411 | 512 | 492 | 547 | 738 | 1,462 |
| OPM % | 28% | -29% | 23% | 28% | 29% | 32% | 36% | 48% |
| 37 | 57 | 35 | 50 | 96 | 55 | 77 | -24 | |
| Interest | 60 | 62 | 64 | 30 | 17 | 17 | 8 | 5 |
| Depreciation | 253 | 291 | 295 | 150 | 175 | 175 | 176 | 200 |
| Profit before tax | 230 | -538 | 87 | 382 | 396 | 411 | 632 | 1,233 |
| Tax % | 37% | 6% | -26% | 2% | 25% | 28% | 26% | 25% |
| 145 | -569 | 110 | 374 | 295 | 295 | 465 | 919 | |
| EPS in Rs | 1.57 | -6.16 | 1.19 | 3.87 | 3.06 | 3.05 | 4.81 | 9.50 |
| Dividend Payout % | 33% | 0% | 29% | 30% | 30% | 30% | 30% | 30% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 22% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 50% |
| TTM: | 115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 25% |
| 3 Years: | 65% |
| 1 Year: | 100% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 23% |
| Last Year: | 33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 463 | 463 | 463 | 484 | 484 | 484 | 484 | 484 |
| Reserves | 1,174 | 497 | 627 | 1,428 | 1,599 | 1,802 | 2,177 | 2,859 |
| 1,070 | 1,564 | 1,137 | 409 | 156 | 223 | 167 | 111 | |
| 636 | 802 | 819 | 844 | 956 | 971 | 880 | 963 | |
| Total Liabilities | 3,343 | 3,326 | 3,046 | 3,164 | 3,194 | 3,479 | 3,708 | 4,416 |
| 317 | 337 | 322 | 282 | 1,326 | 1,430 | 1,731 | 1,922 | |
| CWIP | 1,022 | 1,232 | 1,179 | 683 | 731 | 917 | 766 | 741 |
| Investments | 0 | 0 | 1 | 1 | 10 | 29 | 27 | 25 |
| 2,005 | 1,757 | 1,544 | 2,199 | 1,127 | 1,102 | 1,183 | 1,728 | |
| Total Assets | 3,343 | 3,326 | 3,046 | 3,164 | 3,194 | 3,479 | 3,708 | 4,416 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 252 | 86 | 832 | 1,052 | 674 | 341 | 544 | 1,474 | |
| -587 | -430 | -364 | -404 | -337 | -525 | -402 | -434 | |
| 445 | 42 | 133 | -251 | -339 | -39 | -152 | -299 | |
| Net Cash Flow | 110 | -302 | 601 | 397 | -3 | -222 | -10 | 741 |
| Free Cash Flow | -341 | -354 | 465 | 633 | 329 | -193 | 132 | 1,348 |
| CFO/OP | 61% | -54% | 202% | 225% | 153% | 82% | 95% | 118% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73 | 36 | 34 | 16 | 14 | 29 | 30 | 16 |
| Inventory Days | 1,176 | 409 | 602 | |||||
| Days Payable | 354 | 145 | 378 | |||||
| Cash Conversion Cycle | 894 | 36 | 298 | 239 | 14 | 29 | 30 | 16 |
| Working Capital Days | 69 | -96 | 18 | -19 | -29 | 35 | 56 | -28 |
| ROCE % | -18% | 6% | 18% | 18% | 18% | 24% | 42% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2031 (P) | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Average Ore Grade % Cu ・Standalone data |
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| Copper Ore Production Lakh Tonnes ・Standalone data |
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| Metal in Concentrate (MIC) Production Tonnes ・Standalone data |
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| Refined Copper (Cathode) Production Tonnes ・Standalone data |
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| Copper Wire Rod Production (via Tolling) Tonnes ・Standalone data |
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| Planned Total Mine Capacity (Expansion Target) MTPA ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Intimation Letter Sent To Shareholders Regarding Transfer Of Equity Shares To The Investor Education And Protection Fund ('IEPF') Authority
1d - Reminder sent on 11.06.2026 for unclaimed dividends; shares may transfer to IEPF by 04.10.2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper clippings of the Notice to the Shareholders regarding transfer of equity shares to IEPF publish in English and Bengali Newspaper on 11.06.2026 is submitted.
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Receipt Of Order From The Ministry Of Mines, Government Of India Regarding Appointment Of Shri Anupam Misra To The Post Of Chairman & Managing Director Of Hindustan Copper Limited By The Ministry Of Mines, Government Of India
8 Jun - Shri Anupam Misra appointed HCL CMD from 01.07.2026 till 28.02.2030 or further orders.
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Announcement under Regulation 30 (LODR)-Change in Management
2 Jun - Shri Shyam Sundar Sethi designated Executive Director (Operations) for Production, Safety and Law effective 01.06.2026.
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Announcement under Regulation 30 (LODR)-Change in Management
1 Jun - Shri Umesh Singh took charge as Unit Head, Indian Copper Complex, effective 30 May 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Only Indian Company mining Copper[1]
HCL is the Sole vertically integrated producer of refined copper in India having facilities of mining, ore beneficiation, smelting, refining and extruding of copper rods. It owns all the operating mining leases of copper ore in India. It has access to about 45% of India’s copper ore reserves and resources as of FY25.
Resources & Reserves: 755.32 Million tonnes (estimated balance as on 01.04.2024)